BDI surges amid enigmatic Geopolitics

Chartering, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce — By on August 11, 2017 at 11:55 PM

John Faraclas

The BDI (Baltic Dry Index) ended up at 1,138 points – plus 46 since yesterday and over one hundred since last Friday the 4th of August – to be precise it gained 106 points (from 1,032); The Geopolitics remain more than enigmatic and caution is advised… John Faraclas daily and weekly recap:

The Capers lead the BDI’s surge again gaining 176 points since yesterday and now standing at 2,013 –  that is 376 points better from last week’s 1,637; good to see the BCI above the 2,000 point mark!

The Panamaxes’ BPI was up 28 points reaching 1,256 – up 103 points since last week’s 1,153…

The Supras’ and Handies’ “behaved” overall a bit different; the BSI gained, alas, three points from a falling mode now reading 759 –which is minus five points from last Friday’s closing of 764… The Handies remained unchanged wit the BHSI standing at 466 points – on a weekly basis same was down 12 points – from 478…

Again don’t count your eggs before they are hatched. We are also more or less down 1,000 (one thousand) points from December 2013 – a point of reference as to the “whereabouts” of the Dry Market.

The Wets as always different with mixed “feelings”. The last published BDTI (Dirties) and BCTI (Cleans)  stood at 620 points – plus two and 552 – minus three respectively. The weekly figures were minus eight for the Dirties (from 628) and minus four for the Cleans (from 556).

The WTI stands now at US$ 48.38 – same more or less level alike last week; awaiting developments from the Pacific basin’s stand-off between the USA and North Korea…

No money in the shipfinance front despite the promising market, for the very few of course!!   We need money from the Funds if they wish to remain afloat… I guess in the forthcoming LISW2017 many issues will be aired!!  Expect many to go under…

On the Demolition sector: we need to see decisive actions from the mortgagee banks…

Geopolitics:

Obviously the entire world is closely watching all Geopolitical developments, from the Migrants to the USA – North Korea war of words… Anything can trigger mess, and mess delivers chaos – a very powerful Greek word… All these Geopolitical events are affecting shipping and in particular the freedom in the high seas that might be disturbed, particularly from actions in the dire straits such as Suez, Hormuz, Aden to name but a few and as you read this news, in say the Pacific if any of the two, President Trump or Kim Jong-un pushes the button. There are over a thousand of vessels out there with crew and families behind! Caution!

The MIGRANTS are coming to Europe from all directions – basically from the south and south east, thanks to the favourable weather conditions… Shame as no one “can” stop this mess; a chaotic situation. Wait until the situation becomes unbearable! We have strongly condemned the Politicians, their cronies …the Diplomats and the NGO’s and all involved, but nothing really happens. You see traffickers are beyond and they all make money… We are talking about the last leg of the Migrants’ voyage…

The Wars in Syria and Iraq against ISIS and the dozens of others there amongst all against each and all relentlessly continues …behind closed doors as the media cannot report and will NOT report until all is over  and favourable for the winner– you dead well know what I mean! SHAME! How many have seen for example the state in Mosul? Total destruction! why we have allowed this to happen? Is it some other Plan F so to speak and we allow all these events / wars to take place? Eh!!! One day those with a prolonged and premeditated plans will pay the damage…

Turkey might also …”enhance” the mess and there should be UN resolution about Turkey’s behaviour in the region… Indeed we point to president Erdogan’s despicable behaviour, but that’s because he is open about Turkey’s aspirations for the entire region… Lies, damn lies as Cyprus for “example” remains in the state of 1974… Nonsense…The European Union is nothing but a double standards organisation, given its stanch on the Turkish behaviour and the continuous occupation of Cyprus… Shame once again! I wonder Mrs. Merkel’s thoughts on Cyprus after the re-unification of the two Germanies… She must make up her mind…then the rest of the democratic and free spirited Europeans will follow suite… Talking about Mrs. Merkel she must understand that we all know the skeletons in her cupboard and also those of Herr Wolf¬gang Schäu¬b¬le on the overall Greek drama…on Cyprus and in Greece’s mainland and Islands…

Greece might become the Venezuela of the European Union if this regime remains in power as well as if this Parliament remains the same with all these shameful MPs who only care about their seat and not the real interests of the Greek people. This current situation might trigger despicable reversals with incalculable repercussions, so we say: ENOUGH. You all know our position for an ARISTOS team to run Greece for ten years and then proceed with a new constitutional electoral system – like the one in the UK, for pragmatic elections; end of the story… Remember Nemesis, derives from the word νέμειν némein, meaning “to give what is due”. Get then the message! The Greek people are “enjoying” one way or another their summer holidays – August has a name… Did I hear you say Hekatombaion and Metageitnion… Millions of tourists are their enjoying the gorgeous Greek mainland and islands… the land and Islands of the Gods! The aftermath of this holiday season though will be tough in all respects…

BREXIT continues every day to be elevated as the number one issue all over Planet Ocean! There are pros and cons – overall nothing will really happen. The British people will continue as if nothing happens. It is only the European wrath from Berlin’s Unter den Linden and its financial demand for the United Kingdom’s divorce… with the Brussels cronies of Mrs. Merkel doing their best… to upset the British… What if a hard BREXIT happens…?? Eh! Not to be disturbed but the United Kingdom and its Commonwealth will regain power as in the past, as all was business and trade, AND SHIPPING of course!!! Good to see the new headquarters of Google in London’s King Cross where 5,000 employees are to run it; a nice reply for the post-BREXIT period…Nice one! One important issue which we are all carefully observing is that of the alert with the cultish jihadists and the UK’s terror chief is advising that same is on the rise! CAUTION! A former head of MI5 said that Islamist Terrorism might remain a threat for the UK for another 20 to 30 years. Dozens of plots have been folded and that’s a big success and THANKS for this to the security services and their professionalism in combating a diversity, a multitude of extremist islamists – from the ISIS lot to the Al- Queda and any / every pathetic individual as events tell us until now. Now you see that at the end of each report we urge you to be on guard form Pirates and terrorists wherever you are on Planet Ocean! The Notting Hill Carnival is due and same must go ahead and pay tribute to those lost in Grenfell Tower’s despicable disaster…We urge the authorities to end with the drama for those still not properly housed…

Over now to the other side of the Atlantic and ensure all is fine as president Trump might decide to speak both with his heart and soul AND with his brains. It goes without saying that the president has urged China to intervene and have a word with the naughty boy of Pyongyang, but it seems that China will wait and see who strikes first. In this case if Kim Jong-un strikes first and the USA retaliated Chine will stay away, but if there is a preemptive against North Korea they will try to stop it as North Koreans will flee to the north in China and the country will be unified… with whatever this entails… CAUTION… As for the shares being punished because of Trumps ups against the “ambitious” man in Pyongyand, so what…

In South America now as president Trump according to rumours might use a military option as Venezuelans are suffering and dying; we shall know and inform you accordingly on Monday

In Africa: A bit of a mess in post elections Kenya with the opposition disputing Kenyattas’ win, expect a bit of a mess…

In China authorities are investigating the county’s largest media platforms, the enemy within… Pity for democracy!

Did I hear you say contaminated eggs in Europe?? Or did I here you say anything about the Yemeni cholera and its despicable catastrophe? Wake up and don’t close your eyes…

Lastly mind the Global farmlands which are dangerously shrinking; take a note on this important issue… Remember like in the Middle East with the Wars on and for Water… will be faced soon with another issue with massive events developing…

Have a nice evening and weekend and  be on guard for any eventuality from Pirates and Terrorists wherever you are on Planet Ocean…

Uploaded 13:43 BST

Updated 23:55 BST

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